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mStable USDMUSD
mStable USD Price (MUSD)
0.00002095 BTC4.75%
0.0006564 ETH9.56%
mStable USD MUSDPrice: $1.00 0.60%mStable USD Links
- DeFi
- DeFi
mStable USD Tags
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About mStable USD
The live mStable USD price today is $1.00 USD with a 24-hour trading volume of $944,200 USD. mStable USD is up 0.60% in the last 24 hours. The current CoinMarketCap ranking is #419, with a live market cap of $46,014,592 USD. It has a circulating supply of 45,847,810 MUSD coins and the max. supply is not available.
What Is mStable USD (mUSD)?
mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralized finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built. mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts. mUSD is a mStable asset (mAsset) backed by a basket of USD-pegged stablecoins with features such as: - Deep liquidity pool for efficient and low slippage stablecoin exchange - Mintable by, and redeemable for, a specific underlying asset or basket of assets - A low risk native interest rate that provides high yield by combining lending income and trading fees. mUSD dApps include: - SWAP - Swap USD stablecoins with zero-slippage - SAVE - USD savings account for anyone, anywhere
Who Are the Founders of mStable?
mStable was founded by James Simpson and Henrik Andersson, who met while at Apollo Capital. After working hands-on with several stablecoins and lending platforms, they began work to unite lending, swapping and saving into a single standard and attempt to solve various points of friction existing stablecoin users encounter. This project became mStable, with a genesis team of 9 people and a community of thousands lending their voice and votes to govern the protocol via decentralized governance.
What Makes mStable USD (mUSD) Unique?
mUSD is a representation of its underlying stablecoins, making it a more abstracted and secure representation of USD on chain. It can be minted and redeemed permissionlessly via the mStable smart contracts using any whitelisted USD-pegged stablecoin. mUSD is also unique because it offers some of the best risk adjusted saving APYs in DeFi. This APY comes from multiple sources, drawing from swap fees, lending income, and liquidated tokens farmed by the mStable contracts. mStable is governed by a diverse community of stakeholders , all of whom come together to provide ideas, comments, and vote on proposals aimed toward improving the mStable protocol.
Related Pages:
Learn more about mStable Meta here.
MUSD Price Statistics
| mStable USD Price | $1.00 |
|---|---|
| Price Change24h | $0.006018 0.60% |
| 24h Low / 24h High | $0.9843 / $1.03 |
| Trading Volume24h | $944,200.17 6.64% |
| Market Dominance | No Data |
| Market Rank | #419 |
| Market Cap | $46,014,592.32 2.37% |
|---|---|
| Fully Diluted Market Cap | $46,014,592.32 0.60% |
mStable USD Markets
# | Source | Pairs | Price | Volume | Volume % | Liquidity | Confidence | Updated |
|---|---|---|---|---|---|---|---|---|
1 |  Balancer | $1.00 | $593,007 | 62.81% | - | High | Recently | |
2 | Balancer | $1.01 | $327,155 | 34.65% | - | High | Recently | |
3 | Balancer | $1.01 | $23,227 | 2.46% | - | High | Recently | |
4 |  1inch Exchange | * $1.02 | ** $2,076 | 0.00% | - | High | 29 hours ago | |
5 | Balancer | $1.00 | $452.06 | 0.05% | - | High | Recently | |
6 |  Uniswap (V2) | * $1.01 | ** $0.00 | 0.00% | - | High | 109 days ago |
* Price Excluded
** Volume Excluded
About mStable USD
The live mStable USD price today is $1.00 USD with a 24-hour trading volume of $944,200 USD. mStable USD is up 0.60% in the last 24 hours. The current CoinMarketCap ranking is #419, with a live market cap of $46,014,592 USD. It has a circulating supply of 45,847,810 MUSD coins and the max. supply is not available.
What Is mStable USD (mUSD)?
mStable is autonomous and non-custodial stablecoin infrastructure designed to provide decentralized finance platforms and protocols with a base layer collateral protocol on which DeFi applications can be built. mStable is a meta-asset platform that aims to create assets stronger than the sum of their parts. mUSD is a mStable asset (mAsset) backed by a basket of USD-pegged stablecoins with features such as: - Deep liquidity pool for efficient and low slippage stablecoin exchange - Mintable by, and redeemable for, a specific underlying asset or basket of assets - A low risk native interest rate that provides high yield by combining lending income and trading fees. mUSD dApps include: - SWAP - Swap USD stablecoins with zero-slippage - SAVE - USD savings account for anyone, anywhere
Who Are the Founders of mStable?
mStable was founded by James Simpson and Henrik Andersson, who met while at Apollo Capital. After working hands-on with several stablecoins and lending platforms, they began work to unite lending, swapping and saving into a single standard and attempt to solve various points of friction existing stablecoin users encounter. This project became mStable, with a genesis team of 9 people and a community of thousands lending their voice and votes to govern the protocol via decentralized governance.
What Makes mStable USD (mUSD) Unique?
mUSD is a representation of its underlying stablecoins, making it a more abstracted and secure representation of USD on chain. It can be minted and redeemed permissionlessly via the mStable smart contracts using any whitelisted USD-pegged stablecoin. mUSD is also unique because it offers some of the best risk adjusted saving APYs in DeFi. This APY comes from multiple sources, drawing from swap fees, lending income, and liquidated tokens farmed by the mStable contracts. mStable is governed by a diverse community of stakeholders , all of whom come together to provide ideas, comments, and vote on proposals aimed toward improving the mStable protocol.
Related Pages:
Learn more about mStable Meta here.
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